The
global Ambulatory Surgery Centers Market size is expected
to reach USD 120.8 billion by 2026, based on a new report by Grand View
Research, Inc., exhibiting a 6.1% CAGR during the forecast period. Increase in
incidence of chronic diseases and rise in geriatric population have furthered
the demand for ambulatory surgery centers. Furthermore, advancements in
surgeries, such as endoscopy and laparoscopy, are expected to propel ASC market
growth.
The
number of patient admissions is slowly decreasing owing to increasing
outpatient visits. This is primarily due to high hospitalization cost and
adoption of technologically advanced techniques in outpatient centers, making
treatment fast and cost-effective. Advanced surgical methods allow tests and
procedures to be performed without hospital admission. According to the
American Hospital Association, the total number of outpatient admissions
increased from 624 million in 2008 to 675 million in 2012. The number of
inpatient admissions decreased from 35.76 million in 2008 to 34.40 million in
2012.
In
May 2016, some new codes were added to the coverage for outpatient services in
U.S., such as that for gynecology, adenoidectomy, and tonsillectomy. Hence,
supportive reimbursement scenario is anticipated to boost market growth.
North
America held the dominant share in 2018, driven primarily by U.S. Leading
market players in the country are acquiring ambulatory services to provide
technologically advanced surgeries and treatments, further propelling demand
for ambulatory and primary care services. Asia Pacific is likely to emerge as a
strong contender in the global scenario. Some of the prominent players in this
region are Surgery Center of Melbourne, Nova Medical Centers, Kaiser
Permanente, The Indian Association of Day Surgery, Memorial Sloan Kettering, M
D Anderson Cancer Center, and The Mumbai Surgical Society.
Related Press Release@ Ambulatory
Surgery Center Market Report
Top Key
players in Ambulatory Surgery Center
Market
·
Envision Healthcare Corporation
·
Terveystalo
·
Tenet Healthcare Corporation
·
MEDNAX Services, Inc.
·
TeamHealth
·
Quorum Health Corporation
·
UnitedHealth Group
·
Surgery Partners
·
Community Health Systems, Inc.
·
Healthway Medical Group.
Ambulatory Surgery Center Market Report Highlights
·
In 2018, gastroenterology accounted for the largest share
in the market by application. This can be attributed to surge in visits to
ambulatory care centers for treatment of gastrointestinal diseases. It is one
of the most common surgical specialties in single- or multi-specialty ASCs
- Plastic
surgery is anticipated to observe the fastest growth in the coming years
due to rise in disposable income and growing preference for private care
facilities in comparison with hospital surgery centers for plastic
surgery. Time and cost advantages, as well as expertise offered by these
ambulatory centers, are anticipated to boost demand for plastic surgeries
in these settings
- North
America dominated the market in 2018 thanks to increased government
funding focused on transforming primary care services and rise in coverage
for outpatient services
- Asia Pacific
is expected to witness lucrative growth in the coming years owing to
presence of developing economies, increasing awareness about ASCs, and
investments by international players
Related Reports@
Ambulatory Surgery Center Market Segmentation
Grand
View Research has segmented the global ambulatory surgery center market by
application and region:
ASC Application Outlook (Revenue, USD Million, 2015 -
2026)
- Ophthalmology
- Orthopedics
- Gastroenterology
- Pain
Management/Spinal Injections
- Plastic
Surgery
- Others
ASC Regional Outlook (Revenue, USD Million, 2015 - 2026)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Latin
America
- Brazil
- Mexico
- Middle East
and Africa
- South
Africa
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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